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CHENNAI.....Good investment opportunities in all the segment of the city. Commercial rentals is on fast trek. Residential segment also having very good demand from rural areas. Outskirts of the city is now more costly then CBD residential areas.   AHMEDABAD..... ..... Huge NRI funds were recently invested in residential segment of the city. Commercial too is feeling the heat. Residential rates are marginally up by 20% since last quarter. The trend is likely to continue.   BANGALORE...... ...IT and ITES are again in the buying spree. Residential complexes are getting good demand. NRIs investments are up again. Service apartment concept is catching up in the city. Commercial lease rentals are rising.   PUNE.... ... Pune is poised as IT centre by the developers. In fact many leading IT brands are in the city. It has enhanced the residential rates. Outskirts like Viman Nagar, Pimpari and Chinchwad also now having great demand. Good time ahead.   DELHI .... ...The market is slow for residential units. Noida and Gurgaon also have touched historic level. New zones are in the competition. Faridabad and Merut along with Rohtak are busy catering for demand in Delhi and NCR    MUMBAI.. ..... ..Realty Fund and investors of large real estate holdings are still maintaining the price level. Developing zones are feeling heat. Small pocket developers are also panic in the market. Residential prices stagnated as of now.

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Property Rates-Chennai
Arearea
Residential
Commercial
2006 2007 2006 2007
Adyar
1800-2800
2200-4200
2500-3500
4500-7500
Alwarpet
2400-2900
2500-4200
4000-5000
3500-5500
Besant Nagar
2200-2900
2200-4500
3000-5000
4400-5500
Chetput / Kilpauk
2100-2700
2200-3200
2500-4000
3500-5500
K.K.Nagar
1200-1700
1400-3200
2500-3000
3500-5500
Tiruvanmiyur
1700-2200
2000-4000
2500-4000
3500-5000
Mylapore
2200-3000
2500-4500
2500-3200
3000-4500
Nungabakkam
2000-2900
2400-4200
4000-4000
5500-6500
T.Nagar
1400-2400
2800-4300
3000-3500
4000-4500
Kodambakkam
1500-1800
2200-3800
2200-3000
3000-5500
Chamiers Road
2200-3000
2400-4100
2500-3800
3500-4200
Raja Annamalaipuram
1800-3050
2200-3800
2200-3700
3200-4200
Royapettah
1800-2450
2800-3200
2200-3200
3000-4000
Egmore
2400-3000
3000-4200
3500-4000
4000-6000
Valasaravakkam
1100-1400
1800-2800
1800-2500
2200-3800
Anna Nagar East
1450-2200
2200-3200
3000-4000
4000-5500
Guindy
1200-1700
1700-2700
1800-2500
3000-4400
Velacherry
800-1100
1200-1800
2000-3000
3000-4300
Shastrinagar
1400-2000
2200-3200
2200-3000
3000-4000
Ashok Nagar
1200-2200
2200-3500
2000-2800
3000-4400
Lloyds road
1500-2200
2000-3200
2000-3200
3000-4500
Radhakrishnan Road
1500-2000
2200-3000
2000-4000
3000-5500
Mount road
2000-4500
2600-5500
3000-5500
4000-7500

Updates of 2006 on 18th December 2006.

Last update for 2007 : 5th September 07

Next Update : 4th Oct 2007

Please note that the rates are indicative and may vary depending on Age, Location and condition of the property. These rates includes Pugree rates also. Commercial do not include Shops and Malls.

 


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